2802 Hammock Dr
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Walden Lake Elementary School
Tomlin Middle School
Plant City High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
2802 Hammock Dr represents a robust income-generating asset in the expanding Plant City market. A rental yield of 7.68% is notably high for a single-family home at this price point, especially when paired with a conservative 4% appreciation forecast. The monthly cash flow of $934.54 provides a healthy buffer against operational expenses. However, as a conservative analyst, I must note that the 3,382 sqft size implies significant long-term maintenance and CAPEX requirements. While the cash flow is strong, the $694,900 entry price limits the buyer pool and requires substantial liquidity. Investors should remain cautious regarding Florida's volatile insurance premiums and property tax reassessments, which could compress margins despite the current positive yields.
- • High monthly cash flow of $934.54 provides strong debt service coverage
- • Rental yield of 7.68% exceeds the national average for high-tier single-family homes
- • Large 5-bedroom configuration attracts stable, long-term family tenants
- • Strategic location in the I-4 corridor offers long-term growth potential between Tampa and Orlando
- • Large square footage increases maintenance overhead and turnover costs
- • High entry price point may result in longer vacancy periods compared to starter homes
- • Exposure to rising Florida property insurance and potential tax adjustments post-sale
- • Property tax sensitivity in Hillsborough County can impact net operating income
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-28 | Sold | $667,000 | $197 |
| 2026-07-08 | Contingent | $657,000 | $194 |
| 2026-06-29 | Pending sale | $657,000 | $194 |
| 2026-06-03 | Price change | $657,000 | $194 |
| 2026-04-15 | Price change | $694,900 | $205 |
| 2026-03-19 | Listed for sale | $695,000 | $205 |
| 2021-03-24 | Listing removed | $0 | – |
| 2019-11-04 | Listing removed | $2,450 | $1 |
| 2019-10-05 | Price change | $2,450 | $1 |
| 2019-10-03 | Listed for rent | $2,500 | $1 |
| 2017-02-15 | Sold | $150,000 | $44 |
| 2011-06-29 | Sold | $136,500 | $40 |
| 2010-12-18 | Price change | $224,900 | $66 |
| 2010-11-13 | Price change | $234,900 | $69 |
| 2010-11-11 | Price change | $234,500 | $69 |
| 2010-10-16 | Price change | $239,900 | $71 |
| 2010-09-16 | Listed for sale | $249,900 | $74 |
| 2010-06-05 | Listing removed | $232,000 | $69 |
| 2010-04-12 | Listed for sale | $232,000 | $69 |
| 2009-05-17 | Listing removed | $274,900 | $81 |
| 2009-02-01 | Price change | $274,900 | $81 |
| 2008-10-26 | Price change | $299,000 | $88 |
| 2008-10-16 | Listed for sale | $329,000 | $97 |
| 2008-06-01 | Listing removed | $419,000 | $124 |
| 2008-04-29 | Price change | $419,000 | $124 |
| 2007-12-27 | Listed for sale | $429,000 | $127 |
| 2002-09-17 | Sold | $248,000 | $73 |
| 1999-08-09 | Sold | $219,000 | $65 |
| 1993-06-16 | Sold | $196,000 | $58 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,345.97 | $334,055 |
| 2024 | $4,939.12 | $324,640 |
| 2023 | $4,764.58 | $312,340 |
| 2022 | $4,130.56 | $274,816 |
| 2021 | $4,083.95 | $266,812 |
| 2020 | $4,049.16 | $263,128 |
| 2019 | $4,451.78 | $240,897 |
| 2018 | $4,451.78 | $250,014 |
| 2017 | $4,697.87 | $234,614 |
| 2016 | $4,458.83 | $226,162 |
| 2015 | $4,150.05 | $209,856 |
| 2014 | $3,624.05 | $192,230 |
| 2013 | $3,624.05 | $176,213 |
| 2012 | $3,122.46 | $160,387 |
| 2011 | $3,249.73 | $166,559 |
| 2010 | $2,717.74 | $180,268 |
| 2009 | $3,203.38 | $204,165 |
| 2008 | $3,961.21 | $247,391 |
| 2007 | $4,404.08 | $259,307 |
| 2006 | $4,682 | $252,982 |
| 2005 | $4,657.98 | $245,614 |
| 2004 | $0 | $238,460 |
| 2003 | $0 | $234,014 |
| 2002 | $0 | $198,305 |
| 2001 | $0 | $195,182 |
| 2000 | $3,703.85 | $189,497 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $24,518/yr
On $159,827 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Plant City.